NSE:GRASIM The price has given the breakout from the trendline. The prices are trading above the moving averages which shows bullishness. The MACD is also bullish. The RSI is above 50 which shows good momentum. This view is for 1 to 6 months. The SL levels is 1561 and the target is 1990 levels. Disclaimer : This is my own view and analysis. This is for...
Grasim giving great entry with better risk reward of almost 1 : 4.6, where sl is 1599, and final target is 2100 level, however I between small hurdle would be at 1790, and 1930-1980, recently it gave a golden crossover opportunity on weekly chart where ema 20 crossed ema 50, also broke descending trendline connecting jan22, apr22 on friday and today gave a follow...
NSE:GRASIM I am expecting a downside in Grasim, because the price is facing resistance near the trendline, and the trendline has not been tested multiple times so it is a strong trendline. The MACD indicator is giving a sell crossover. The RSI is also moving down indicating a falling bullish momentum. So because the confluence of the technical indicators I am...
NSE:GRASIM Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
KINDLY SWITCH TO 5MIN TIME-FRAME Used my Analysis on 15min chart. Traded on 5min Time-frame. After Breaking of Resistance waited for pullback then entered. Profit Booked 1:4 Keep following Liking I will give trading setup on weekend.
Trendline Breakout is observed in Grasim Future, Stock is trading in momentum. Today Up by 2.5% with volumes. We expected stock to head higher from current levels, We are buying Grasim future for the Targets of 1750 with Stoploss of 1620
Grasim playing with rend line. Will be a good R&R above trendline.
Hi Traders, GRASIM is nearing to Trendline Resistance in Daily timeframe , if any Buying momentum we can expect breakout on the higher side to go Long. Incase any weakness with strong Rejection at the trend line we can look for Short entry. Thanks
Grasim making classic Pattern with Key Area at 1520. Closing for 3 consecutive days above this levels needed for pattern confirmation on upside.
Grasim is bullish last 2 days, can continue atleast first half today, if general market sustains this upside then expect the next target.
#GRASIM ready for Breakdown chart structure very weak expected tgt @1290
Looks like downfall in the stock is about to end I think 1360-1350 will be good levels to buy the stock for trading purposes, Stoploss will be 1495 level and Target could be 1450, 1520 will be second target.
📈 Grasim Industries 📉 This Stock Broke out from a resistance zone of 1600-1630 which was acting as a support also Oct, Nov and Dec 2021 and today managed to close above it. Bias - Long Target - 1778, 1920 SL - 1556 RR- 1 : 2.5 All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you...
When the Trend Breaks, Try to Trade With the Trend
Grasim 1692 Below 1685, I am expecting Grasim to move towards south It would be positive if it sustains above 1725 levels Chart is for study levels
NSE:GRASIM at 38% fibonacci support + inverted head and shoulder + RSI ABOVE 50. All tgts, SL buying zone given in chart.
Rising wedge patten seen at 1hr TF and also Double top patter formed at 15min TF which will indicates great short entry in Grasim
***educational purpose only buy above 1630.25 (cmp 1626.20) sl below 1606.90 target 1650 / 1750